News

One week till next buyback

Share repurchase (or stock buyback) is the re-acquisition by a company of its own stock. It represents a more flexible way (relative to dividends) of returning money to shareholders.

A large amount of fees are generated on the base of bitshares. In order to accommodate the interests of outside parties as well as the fact of an increasing amount of trading is done on the base of bitcoin on OpenLedger as well, it has been found to be an extra incentive to split the buyback into 90% of it to be Bitshares and the remaining 10% to be paid in bitcoin.

Everyone can take part in next buyback. If you are interested in fast income - buyback is a good way.

But also remember that Obits are good for serious longterm investing.

The ultimate aim is to make OpenLedger – and therefore also OBITS – a product worthy of long-term investment, naturally increasing in value due to progressive improvements in the platform, thereby benefiting users in general as well as OBITS holders.